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The evolution of public expenditure in Romania during the global economic crisis

Author

Listed:
  • Inocentiu Alexandru Florea

    (University of Craiova)

Abstract

The study aims to analyze the dynamics of public expenditure produced within the European Union, especially in Romania, and Member States' budgetary choices, given the challenges faced during 2008 - 2013 due to the installation of austerity caused by the global economic crisis. It is also mentioned the steps taken by our country in order to optimize public spending and the strategies adopted to overcome difficult moments and economic recovery. The article deals mainly with structural evolution of public expenditure in terms of economic classification.

Suggested Citation

  • Inocentiu Alexandru Florea, 2014. "The evolution of public expenditure in Romania during the global economic crisis," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(16), pages 205-212, December.
  • Handle: RePEc:aio:fpvfcf:v:1:y:2014:i:16:p:205-212
    as

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    File URL: http://feaa.ucv.ro/FPV/016-023.pdf
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    References listed on IDEAS

    as
    1. European Commission, 2014. "Taxation trends in the European Union: 2014 edition," Taxation trends 2014, Directorate General Taxation and Customs Union, European Commission.
    2. European Commission, 2009. "Taxation trends in the European Union: 2009 edition," Taxation trends 2009, Directorate General Taxation and Customs Union, European Commission.
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    More about this item

    Keywords

    budgetary policy; public expenditure; economic classification; budgetary strategy;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading

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